8:54 AM, 5th January 2022, About 2 weeks ago 4
Between Christmas and New Year, we became aware of a problem regarding consent to let on our home.
I bought a property a while back and in 2018 was offered a job elsewhere. I called my lender, HBOS, and had a lengthy interview, discussion and debate about consent to let. I was told that this was approved and that a 1.25% fee would be applied. I agreed on this.
Following this, the job didn’t happen, and I met someone. I called my lender and explained this, and they said it wouldn’t be a problem – this was January 2019. At that point, I updated my correspondence address and everything was in place.
So now I’ve called to see if they can do a deal on a Buy to Let mortgage as the original mortgage is coming to an end. The person on the end was fantastic and all seemed well until she asked about a different correspondence address. I again explained why, and she said that I didn’t have consent to let, and never had. They had no record of any agreement.
She then said not to worry, and she would speak to a manager about what to do next. I’m still pursuing offers with other lenders and have a few deals on the table, but I’m concerned.
What might happen about this miscommunication? My defence would be that I explained this at every point, and have had a different correspondence address for nearly 4 years. Although, somewhat naively, I can only find the scrawled notes I made during the initial call, which are quite detailed about fees and next steps…
Any advice recommended for a stressed couple?
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Advice and implementation provided by a practising Barrister-At-Law with £10,000,000 of Professional Indemnity InsuranceBook Now
Previous ArticleRenting out our main residence?
|“Account”||means an account required to access and/or use certain areas and features of Our Site;|
|“Cookie”||means a small text file placed on your computer or device by Our Site when you visit certain parts of Our Site and/or when you use certain features of Our Site. Details of the Cookies used by Our Site are set out in section 13, below;|
|“Cookie Law”||means the relevant parts of the Privacy and Electronic Communications (EC Directive) Regulations 2003;|
|“personal data”||means any and all data that relates to an identifiable person who can be directly or indirectly identified from that data. In this case, it means personal data that you give to Us via Our Site. This definition shall, where applicable, incorporate the definitions provided in the EU Regulation 2016/679 – the General Data Protection Regulation (“GDPR”); and|
|“We/Us/Our”||Means Property118 Ltd , a limited company registered in England under company number 10295964, whose registered address is 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB.|
|Name of Cookie||Purpose||Strictly Necessary|
|JSESSIONID||Used only to collect performance data, with any identifiable data obfuscated||No|
|__cfduid||This cookie is strictly necessary for Cloudflare's security features and cannot be turned off.||Yes|
|Name of Cookie||First / Third Party||Provider||Purpose|
|__utma, __utmb, __utmc, __utmt, __utmz||First||Helps to understand how their visitors engage with our website|
|_fbp||First||Helps to understand how their visitors engage with our website|